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The hidden risk to the economy in corporate balance sheets

corporate debt, US economy

NEW YORK (AP) — America has a debt problem, but it’s not what you think. Yes, the federal government owes trillions of dollars more than it did a few years ago. Yes, Americans are still struggling to pay off mortgages and student loans. But it’s the buildup in debt elsewhere that is most worrying some experts, and the big borrower ...

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Parent of Circle K buying Texas-based CST Brands for $4.4B

Circle K, CST Brands, acquisition

SAN ANTONIO (AP) – The parent company of the Circle K convenience store and gas station chain has agreed to buy San Antonio-based CST Brands in a $4.4 billion deal. Canada-based Alimentation Couche-Tard and CST Brands announced the agreement Monday following approval by their respective boards. The deal is expected to close in early 2017, subject to approval of CST ...

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Stocks end mostly lower in quiet trade; oil prices decline

oil prices, financial markets, wall street

NEW YORK (AP) — Stocks closed slightly lower in quiet trading Monday after drifting most of the day between gains and losses. Energy companies fell along with the price of oil while biotechnology and drug companies rose after Pfizer announced it was buying a cancer drug maker. Trading remained subdued, as it has been for most of the month, with ...

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Nigerian oil militants declare ceasefire, ready to negotiate

Louisiana oil spill

WARRI, Nigeria (AP) — Nigeria’s leading oil militants have declared a conditional ceasefire in attacks that are losing the West African nation a million barrels of oil a day. The Niger Delta Avengers also say they are willing to negotiate a peace deal. A statement posted on the group’s website and dated Saturday says they will continue an undeclared “cessation ...

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2016 Chevy Volt plugs into a quicker, quieter ride

Chevy Volt, electric car

The 2016 Chevrolet Volt is quicker, quieter, more fuel-efficient and goes farther — up to 53 miles — on all-electric power than its predecessor. The new gasoline-engine and electric-powered Volt also is restyled with a more mainstream look and has new features, such as options that let the car start charging only when off-peak electric rates apply. Plus, Chevy cut ...

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Manufacturing in New York region weakens in August

manufacturing, factories, New York

WASHINGTON (AP) — Factory activity in New York slowed in early August for the second straight month, and manufacturers in the state cut jobs. The Federal Reserve Bank of New York said Monday that its Empire State manufacturing index dropped to a reading of minus 4.2, from 0.6 in July. Any reading above zero points to expansion. Even so, new ...

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After court setback, solar battle shifts toward Legislature

rooftop solar panels, renewable energy

LAS VEGAS (AP) — Rooftop solar advocates had hoped to take their cause directly to voters after a rate hike this year rocked the industry in Nevada, and their chances of winning on the ballot looked good after they gathered more than double the number of voter signatures needed to put a sweeping referendum on the November ballot. But after ...

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Global oil demand to cool, oversupply is ending, agency says

global oil production, oil oversupply

LONDON (AP) — Global demand for oil will grow less than expected next year due to a weaker world economy, though the oversupply of crude in the market is ending, the International Energy Agency said Thursday. The Paris-based agency, which consults oil-importing nations, lowered its forecast for demand growth next year to 1.2 million barrels a day from 1.3 million ...

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“I Can’t Fix Stupid”—Zero Injury is an Impossible Goal

workplace safety, zero injury

It’s inevitable that somewhere, sometime, a worker at your company will do something stupid, resulting in an injury. You’re kidding yourself if you believe that isn’t the way it plays out.  It’s a numbers game of probability—the more time that passes and worker hours are logged without an injury the closer you get to experiencing an injury.  Therefore does a ...

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